Shareholders meeting

October 9, 2026 BSE Limited Scrip Code: 543287 Debt Segment – 976262, 976764, 976895, 976923, 977163, 977293 National Stock Exchange of India Limited Debt Segment Trading Symbol: LODHA Sub: Scheme of merger - Outcome of the NCLT Convened Meetings Ref: Regulations 30, 37 and 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with relevant SEBI Master Circular Dear Sir/Madam, Further to our intimation dated September 04, 2026, and as directed by the Hon'ble National Company Law Tribunal, Mumbai Bench ("Hon'ble NCLT") vide its Order dated August 06, 2026, we inform you that separate meetings of the Secured Creditors (including Secured Debenture Holders) and the Equity Shareholders of the Company ("Meetings"), to consider and approve the scheme of merger by absorption of Roselabs Finance Limited and National Standard (India) Limited with Lodha Developers Limited and their respective shareholders and creditors ("Scheme"), were held on October 09, 2026 through Video Conferencing / Other Audio-Visual Means. The Meetings commenced at 12:00 noon (IST) and 12:45 p.m. (IST) and concluded at 12:25 p.m. (IST) and 1:12 p.m. (IST) respectively. We enclose the following: 1. Summary of proceedings of the Meeting of Secured Creditors (including Secured Debenture Holders), under Regulation 30 of the SEBI Listing Regulations (Annexure A); 2. Summary of proceedings of the Meeting of Equity Shareholders, under Regulation 30 of the SEBI Listing Regulations (Annexure B); 3. Voting results of the Meetings, under Regulation 44(3) of the SEBI Listing Regulations read with relevant SEBI Master Circular (Annexures C1 and C2); and 4. Scrutinizer's Reports dated October 09, 2026 (Annexures D1 and D2). The resolution set out in the Hon'ble NCLT Convened Meeting Notice has been duly passed, through e-voting, with the requisite majority by both the Secured Creditors (including Secured Debenture Holders) and the Equity Shareholders of the Company. Further, the Scheme has been approved by the Equity Shareholders (including the Public Shareholders) of Roselabs Finance Limited and National Standard (India) Limited with the requisite majority. Accordingly, all the requisite approvals for the Scheme have been obtained from the shareholders and creditors of the companies concerned. The Scheme is subject to the sanction of the Hon’ble NCLT and such other approvals as may be required. The above information is also available on the Company’s website at www.lodhagroup.com. Kindly take the above information on your record. Thanking you, Yours faithfully, For Lodha Developers Limited (Formerly known as Macrotech Developers Limited) Sanjyot Rangnekar Company Secretary & Compliance Officer Membership No. F4154 Encl.: As above Annexure A SUMMARY OF THE PROCEEDINGS OF THE MEETING OF THE SECURED CREDITORS (INCLUDING SECURED DEBENTURE HOLDERS) OF LODHA DEVELOPERS LIMITED (“TRANSFEREE COMPANY” OR “THE COMPANY”) HELD AS PER THE DIRECTIONS ISSUED BY THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH (“HON’BLE NCLT”) VIDE ITS ORDER DATED AUGUST 06, 2026 (‘ORDER’) The meeting of the Secured Creditors (including Secured Debenture Holders) of the Company convened pursuant to the Order of Hon’ble NCLT Mumbai was held on Friday, October 09, 2026 at 12:00 Noon (IST) through Video Conferencing (‘VC’) / Other Audio-Visual Means (‘OAVM’). As set out in the Notice, the Hon’ble NCLT had appointed Mr. Satya Ranjan Prasad, Retired Member (Technical), NCLT to be the Chairperson for the Meeting (the “Chairperson”). Accordingly, Mr. Satya Ranjan Prasad chaired the Meeting. The requisite quorum being present, the Chairman called the meeting to order. Mr. Sushil Kumar Modi, Whole-time Director, Mr. Sanjay Chauhan, Chief Financial Officer and Ms. Sanjyot Rangnekar, Company Secretary and Compliance Officer of the Company, were present at the meeting. The representatives of the Statutory Auditors, Secretarial Auditors and Scrutinizer were also present at the meeting. The Chairperson thereafter addressed the Secured Creditors (including Secured Debenture Holders). The remote e-voting period, before the date of Meeting, commenced on Tuesday, October 06, 2026 at 09:00 A.M. (IST) and ended on Thursday, October 08, 2026 at 05:00 P.M. (IST). In terms of the Notice, the following item of business was transacted at the Meeting: Sr. Details of the Agenda Resolution Type 1. To approve Scheme of Merger by Absorption of Roselabs Finance Special Resolution Limited (First Transferor Company) and National Standard (India) Limited (Second Transferor Company) with Lodha Developers Limited (Transferee Company) and their respective shareholders and creditors. The Secured Creditors (including Secured Debenture Holders) were given an opportunity to speak at the Meeting by registering themselves as the speaker as per the procedure detailed in the Notice. However, no Secured Creditors (including Secured Debenture Holders) registered themselves as a speaker. As set out in the Notice, Ms. Dipika Shetty, Practicing Company Secretary (Membership No. A62569 and CoP No. 24561) had been appointed as the Scrutinizer to scrutinize the voting through electronic means (i.e., remote e-voting and voting at the Meeting by using electronic system) (“e-voting”). The Chairperson informed the Secured Creditors (including Secured Debenture Holders) that the e- voting results along with the Scrutinizer’s Report would be communicated to the Stock Exchanges within two working days from the conclusion of the Meeting and would also be placed on the websites of the Company, NSDL, and the stock exchanges i.e., BSE Limited and National Stock Exchange of India Limited. The Company had provided remote e-voting facility to its Secured Creditors (including Secured Debenture Holders) to cast votes electronically on the business set out in the Notice of the Meeting from Tuesday, October 06, 2026 at 09:00 A.M. (IST) to Thursday, October 08, 2026 at 05:00 P.M. (IST). The Secured Creditors (including Secured Debenture Holders) who did not cast their votes through remote e-Voting, were also permitted to cast their votes during the course of Meeting through e-voting facility at the Meeting provided by NSDL as detailed in the Notice. The Chairman, thereafter, thanked the Secured Creditors (including Secured Debenture Holders) for attending and participating at the Meeting and requested the Secured Creditors (including Secured Debenture Holders) who had not voted earlier, to complete e-voting in the next 15 minutes. Thereafter, the Meeting concluded at 12:25 P.M. (IST) after being open for 15 minutes for e-voting to be completed by the Secured Creditors (including Secured Debenture Holders). This is for your information and records. For Lodha Developers Limited Sanjyot Rangnekar Company Secretary & Compliance Officer Membership No. F4154 Annexure B SUMMARY OF THE PROCEEDINGS OF THE MEETING OF THE EQUITY SHAREHOLDERS OF LODHA DEVELOPERS LIMITED (“TRANSFEREE COMPANY” OR “THE COMPANY”) HELD AS PER THE DIRECTIONS ISSUED BY THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH (“HON’BLE NCLT”) VIDE ITS ORDER DATED AUGUST 06, 2026 (‘ORDER’) The meeting of the Equity Shareholders of the Company convened pursuant to the Order of Hon’ble NCLT Mumbai was held on Friday, October 09, 2026 at 12:45 P.M. (IST) through Video Conferencing (‘VC’) / Other Audio-Visual Means (‘OAVM’). As set out in the Notice, the Hon’ble NCLT had appointed Mr. Satya Ranjan Prasad, Retired Member (Technical), NCLT to be the Chairperson for the Meeting (the “Chairperson”). Accordingly, Mr. Satya Ranjan Prasad chaired the Meeting. The requisite quorum being present, the Chairman called the meeting to order. Mr. Sushil Kumar Modi, Whole-time Director, Mr. Sanjay Chauhan, Chief Financial Officer and Ms. Sanjyot Rangnekar, Company Secretary and Compliance Officer of the Company, were present at the meeting. The representatives of the Statutory Audit [Showing first 8,000 characters — download PDF for full document]